Automotive
Tesla Shareholder Votes Against Elon Musk’s $55 Billion Pay Package, Says 'Tyrant CEO' Abandons EV Maker for His Other Firms
Billionaire Leo Koguan, the biggest retail shareholder of Tesla, has reportedly voted against reinstating the $55 billion compensation package of Elon Musk.
China's Nio Unveils First Car of New Brand 'Onvo' That'll Be About $4,000 Cheaper Than Tesla's Best-Selling Model Y
China's EV maker Nio has introduced the first vehicle from its new budget brand, Onvo, to compete with Tesla's best-selling Model Y car.
InfluenceMap Ranks Toyota as Worst Car Company in Climate Lobbying
Global climate database thinktank InfluenceMap has ranked Toyota dead last in climate lobbying and third-worst in EV production in its 2024 report.
China Slams New US Tariffs, Vows to Defend Economic Interests Amid Trade Tensions
Biden imposes extensive tariffs on Chinese imports, including semiconductors and EVs, escalating trade tensions. China vows to defend its interests and urges correction.
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Zeekr's US IPO soars, raising $441M with a 24% share surge. Amid Chinese EV market competition, Zeekr eyes global expansion, delivering 49,148 vehicles in 2024.
Vice President Kamala Harris announced a $100 million funding initiative in Detroit to support small and medium-sized auto manufacturers transitioning to electric vehicle production.
The Chevrolet Malibu will be discontinued, killing the brand's last sedan. It's a part of GM's efforts to embrace EVs.
A Hyundai and Kia unit was accused of illegally repossessing cars from military service members. The financial unit now wants to settle charges.
General Motors said it will stop producing affordable Chevrolet Malibu cars later this year. The Chevrolet Malibu car is the final cheap sedan in General Motors' vehicle portfolio in the United States.
During his recent visit to China, Elon Musk reportedly proposed conducting testing of Tesla robotaxis in the country.
NIO partners with GAC Group to establish unified battery standard and advance EV charging solutions, aligning with previous collaborations to pioneer standardized EV technologies
The Department of Justice (DOJ) will investigate Tesla's self-driving claims for potential securities or wire fraud, with allegations of misleading investors and consumers as reports of crashes involving Teslas equipped with Autopilot pile up.
Tesla is sending senior executive Tom Zhu back to China following declining sales in the competitive electric car market. The company hopes to address challenges in the region.
GM is to the rescue as it tries to lure Tesla interns affected by Elon Musk's layoffs. Here's what a GM spokesperson shared.